By  on August 31, 2011

LONDON — European stocks got off to a better start this morning, with all the indexes in positive territory.
The FTSE 100 in London was up 1.1 percent; the CAC 40 in Paris 1.6 percent; the DAX in Frankfurt 1.6 percent; and the FTSE MIB in Milan 1.4 percent. Among those leading the rises were construction company Bouygues and media group Vivendi in Paris, and mining company Vedanta in London.
Asia’s indexes were also up: The Nikkei 225 in Tokyo closed up marginally, by 0.01 percent, while Hong Kong’s Hang Seng index closed up 1.6 percent.
It was a mixed day for retail and luxury stocks. Carrefour’s shares dipped 3.5 percent after the retailer reported a 22 percent fall in operating profits during its first half.

L’Oreal fell 0.6 percent and Ferragamo fell 1.3 percent. Among gainers were ASOS up 4.4 percent, Mulberry up 2.7 percent, Inditex up 3.6 percent and Tod’s up 3.3 percent.

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